$749,000

1911 Morehead Ave Durham, NC 27707

Lakewood Park Neighborhood

Estimated payment $4,671/month

Total Views 3,669
8 Beds
4 Baths
3,360 Sq Ft
$223 Price per Sq Ft

Highlights

  • Transitional Architecture
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Lakewood Montessori Middle School Rated A-
  • Brick Veneer

About This Home

Prime Durham Location Near Duke | Fully Leased Quad | 5.5% Cap RateLocated less than a mile from Duke University, this fully leased, turnkey quadplex offers walkable convenience in one of Durham's most in-demand rental corridors. Major renovations completed in 2022-2023 include new HVAC systems, plumbing upgrades, and interior/exterior enhancements. Lower units (1911 & 1913) feature updated kitchens with IKEA cabinetry, butcher block counters, new appliances, tiled baths, custom desks, and washer/dryer installs. Upper units (1915 & 1917) include walk-in showers, vinyl flooring, refinished hardwoods, and updated finishes. Strong in-place rents and a 5.5% cap rate make this an ideal low-maintenance investment.

Listing Agent

Ed Billings

Compass -- Chapel Hill - Durham License #201236 Listed on: 06/10/2025

Compass -- Chapel Hill - Durham

Co-Listing Agent

Brooke Gelhaus

Compass -- Chapel Hill - Durham License #352774

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,417

Year Built

  • Built in 1961

Home Design

  • Transitional Architecture
  • Brick Veneer
  • Architectural Shingle Roof

Interior Spaces

  • 3,360 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 8 Open Parking Spaces
  • Off-Street Parking

Additional Features

  • 9,148 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • 4 Units
  • Gross Income $4,985

Listing and Financial Details

  • Assessor Parcel Number 0821165060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,417

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Year Built: 1961
  • Prop. Type: Residential Income
  • Co List Office Mls Id: 80813
  • Co List Office Phone: 919-999-8482
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 3360.0
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Basement YN: No
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Contract Information Lease Term: 12 Months
  • General Property Information Above Grade Finished Area: 3360.0
  • Roof Architectural Shingle: Yes
  • General Property Information Number Of Units Total3: 4.0
  • General Property Information Lot Size Square Feet2: 9147.6
  • General Property Information Lot Size Acres: 0.21
  • General Property Information Stories2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Hardwood
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Stories: 2

Exterior Features

  • Roof: Architectural Shingle
  • Acres: 0.21
  • Construction Type: Brick Veneer
  • Foundation Details: Other
  • Construction Materials:Brick Veneer: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Open Parking: Yes
  • Parking Features: Off Street
  • Parking Features:Off Street: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 8.0

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes

Lot Info

  • Lot Size Sq Ft: 9147.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 0821165060

Rental Info

  • Lease Term: 12 Months
  • Owner Pays: Grounds Care, Insurance, Taxes, Trash Collection

Tax Info

  • Tax Annual Amount: 6417.26
  • Tax Year: 2024

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 4985.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 For Sale $749,000 -- $223 / Sq Ft
Source: Doorify MLS

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Source: Doorify MLS

MLS Number: 10102040

Doorify MLS

North Carolina Durham County Durham 27701 Lakewood Park

1911 Morehead Ave, Durham, NC

This home is located at 1911 Morehead Ave, Durham, NC 27707 and is currently priced at $749,000, approximately $222 per square foot. This property was built in 1961. 1911 Morehead Ave is a home located in Durham County with nearby schools including Morehead Montessori, Lakewood Elementary School, and Lakewood Montessori Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

Nearby Homes
Listing Agent
Ed Billings
Section Image
Compass -- Chapel Hill - Durham
(919) 276-8847